MassMutual offers active target-date funds managed by T. Rowe Price

Tactical asset allocation funds will be available only in MassMutual-managed plans

Jul 10, 2018 @ 11:14 am

By InvestmentNews

MassMutual has launched a family of target date funds that is managed by T. Rowe Price and features active management and dynamic tactical asset allocation.

The MassMutual Select T. Rowe Price Retirement Funds are available exclusively to participants in retirement plans sponsored by MassMutual.

The funds are designed to address a "spectrum of risks, including inflation, longevity, and market risks, which retirement savers face during their accumulation years and through retirement," MassMutual said in a release.

(More: Vanguard: More than half of 401(k) participants invest solely in target-date funds)

"Based on our experience as a record keeper, we know that many retirement savers invest either too conservatively when starting to save for retirement or too aggressively as they approach retirement," Tina Wilson, MassMutual's head of investment solutions innovation, said in the release. "Our new funds seek to provide savers sufficient assets at retirement to withdraw from at and through retirement, the ability to withdraw money needed to support living expenses over their lifetimes, and a potential buffer to assist with unexpected expenses, such as health care costs."

(More: Legg Mason hopes to reverse TDF fortunes with MassMutual deal)

0
Comments

What do you think?

View comments

Recommended for you

Featured video

Events

Retirement: it's no longer about feeding pigeons from a park bench.

Today's retiree's expect so much from retirement than previous generations and advisers are in prime position to help their clients what's important and what's not.

Latest news & opinion

Genstar Capital buys majority stake in Cetera Financial Group

The private-equity firm has previously invested in such companies as Mercer Advisors and AssetMark.

Cetera Financial Group close to announcing its acquisition by private equity

Details of sale to one or more P-E firms could be announced as early as today.

10 best states for retirement

When it comes to places to retire, here are the 10 best states for enjoying your golden years.

Focus Financial raises goal for IPO to $600 million

Company's revised goal from $100 million could be a sign RIA valuations are rising.

CFA Institute adding crypto, blockchain to curriculum

Subjects will be added to its Level I and II coursework for the first time next year.

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print